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- LoopNet Team
1026 Skyway
Chico, CA 95928
Land For Sale
·
3.00 AC
INVESTMENT HIGHLIGHTS
- Value Add Opportunity with pads. (Business not Included in price but available)
- Well below replacement cost at $115 PSF
- Located adjacent to Home Depot, TJ Maxx, Butte College Starbucks, Raley's, and more.
- Owner/User Opportunity
- Land at $25 PSF!!
- Potentially Leaseback opportunity @ 7 cap
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 3.00 AC |
| Property Subtype | Commercial | No. Stories | 2 |
| Zoning | CS | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 3.00 AC |
| No. Stories | 2 |
| Zoning | CS |
DESCRIPTION
Helm Properties is pleased to present NSFit located at 1026 Skyway, Chico, CA. The property consists of 28,235 sqft on three (3) separate parcels totaling 3 acres. Property has two access points, one across Home Depot entry on Notre Dame and one next to Scrubbs car wash on Skyway. Current use is a full-service Health club operated by NSFit Inc. The operator owns seven health clubs in the Northern California Valley since 2003. The buyer has the opportunity to buy land, leaseback to the operator for 5 years, or provide a tenant a year lease to vacate. Potential redevelopment for retail, hotel, school, Medicate, or others. The business could be purchased as part of the sale but not reflected in the sales price.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $800,410 | |
| Land Assessment | $1,046,695 | Total Assessment | $1,847,105 |
PROPERTY TAXES
